Highlights
NASDAQ: LEAP       Ribbit Leap Ltd Cl A
Last Price Today's Change   Day's Range   Trading Volume
14.885   -0.725 (4.64%)  14.50 - 16.20  98,104

Overview

 
Avg Volume (4 weeks):305,538
4 Weeks Range:12.44 - 16.20
4 Weeks Price Volatility (%):
65.03%
52 Weeks Range:10.96 - 16.20
52 Weeks Price Volatility (%):
74.90%
Average Price Target: 15.00
Price Target Upside/Downside: +0.115

Headlines



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Business Background

Leap Wireless International, Inc. (Leap) is a wireless communications carrier that offers digital wireless services in the United States under the Cricket brand. Leap's Cricket service offerings provide customers with unlimited wireless services for a flat rate without requiring a fixed-term contract or a credit check. Cricket service is offered by Cricket, a wholly owned subsidiary of Leap. Cricket service is also offered in South Texas by its joint venture STX Wireless Operations, LLC, or STX Operations. It controls STX Operations through a 75.75% controlling interest in its parent company, STX Wireless, LLC (STX Wireless). In addition, it owns an 85% non-controlling interest in Savary Island Wireless, LLC (Savary Island), which holds wireless licenses and a related spectrum lease covering the upper Midwest portion of the United States. In March 2014, the Company completed the acquisition of prepaid wireless provider Leap Wireless International Inc.

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